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AGENCY TESTIMONY

Conclusion and next steps for the FY 2026 budget process

0:27:48

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25 sec

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      Jacques Jiha concludes his testimony by summarizing key achievements, outlining next steps in the budget process, and expressing commitment to working with the City Council.

      • Jiha highlights that the city has managed the humanitarian crisis without major disruptions to programs or services, no layoffs, and no tax increases.
      • He acknowledges ongoing challenges and risks to the economic outlook.
      • The OMB will release an updated forecast with the executive budget in early May, accounting for recent economic factors and risks.
      • Jiha expresses commitment to working with the City Council towards budget adoption, focusing on:
      • Supporting recovery
      • Promoting public health and safety
      • Expanding affordability and opportunity
      • Investing in working-class New Yorkers